Friday, November 7, 2008

Tencent Set Up

Founded in November 7, 1998, Tencent, Inc. has grown into China's largest and most used Internet service portal. In its ten-years history, Tencent has been able to maintain steady and fast-paced growth by always putting its users first. On June 16th, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange.

The famous product of Tencent is QQ, the most popular free instant messaging computer program in Mainland China, and the world's third most popular IM service. The program is maintained by Tencent Holdings Limited (HKEX: 0700), owned in part by Naspers. Since its entrance into Chinese households QQ quickly emerged as a modern cultural phenomenon, now being portrayed in popular culture. Aside from the chat program, QQ has also developed many subfeatures including games, pets, ringtone downloads, etc.

Originally Posted: China Business Daily
Author: Angulo Fu